[{"data":1,"prerenderedAt":149},["ShallowReactive",2],{"docs-\u002Fdocs\u002Fecosystem\u002Foverview\u002Fgovernance":3,"docs-surround-\u002Fdocs\u002Fecosystem\u002Foverview\u002Fgovernance":140},{"id":4,"title":5,"body":6,"description":28,"extension":132,"image":133,"meta":134,"navTitle":133,"navigation":135,"path":136,"seo":137,"stem":138,"__hash__":139},"docs\u002Fdocs\u002Fecosystem\u002Foverview\u002Fgovernance.md","Governance Evolution",{"type":7,"value":8,"toc":125},"minimark",[9,13,22,30,37,42,45,48,110,117,120],[10,11,5],"h1",{"id":12},"governance-evolution",[14,15,17,21],"h4",{"id":16},"tldr-as-stated-from-the-get-go-while-beam-started-the-project-as-a-for-profit-venture-the-long-term-goal-always-was-to-pass-the-control-to-beam-holders-the-first-step-toward-such-decentralization-was-the-non-profit-beam-foundation-next-stage-is-the-beamx-dao",[18,19,20],"strong",{},"TL;DR"," As stated from the get-go, while Beam started the project as a for-profit venture, the long-term goal always was to pass the control to Beam holders, the first step toward such decentralization was the non-profit Beam Foundation, next stage is the BeamX DAO",[23,24,25],"p",{},[26,27],"img",{"alt":28,"src":29},"","https:\u002F\u002Flh4.googleusercontent.com\u002FkDGHTsWOysG7q707-RwIXthzAOoPyUB48F3BfdyPVFDJZN02cgGgy0AKBA4vQWOgl76Ecn1TGloAKvndBIS0qRhVAJNEH6Sp4f8aSfuKzd1_gViVzoK410GEVFw4s6pdtmMVxy2M",[31,32,34],"h2",{"id":33},"beam-foundation",[18,35,36],{},"Beam Foundation",[23,38,39],{},[18,40,41],{},"The Beam Foundation uses the funds allocated to the Beam DAO Treasury to continue developing and promoting the Beam protocol and advance the broader privacy-related agenda.",[23,43,44],{},"The Beam Foundation is registered in Singapore as a Company Limited by Guarantee, the preferred method of writing a non-profit body in Singapore. Singapore is crypto-friendly, but also it is a truly global city, a place where East and West meet.",[23,46,47],{},"The Beam Foundation governs by a Board of up to seven members; the current Board, all of whom have supported Beam for a long time and have the project's best interests at heart. The four current board members are:",[49,50,51,74,88,102],"ul",{},[52,53,54,61,62,67,68,73],"li",{},[55,56,60],"a",{"href":57,"rel":58},"https:\u002F\u002Ftwitter.com\u002Fvcorem",[59],"nofollow","Guy Corem",": Professionally involved in the cryptocurrency industry since 2013, Guy co-founded and was the CEO of ",[55,63,66],{"href":64,"rel":65},"https:\u002F\u002Fwww.spondoolies-tech.com\u002F",[59],"Spondoolies-Tech",". In addition, Guy co-founded ",[55,69,72],{"href":70,"rel":71},"https:\u002F\u002Fwww.daglabs.com\u002F",[59],"DAG Labs",".",[52,75,76,81,82,87],{},[55,77,80],{"href":78,"rel":79},"https:\u002F\u002Fwww.linkedin.com\u002Fin\u002Fbo-dong-5a518648\u002F",[59],"Bo Dong: ","A veteran crypto trader and entrepreneur since 2016. Dong has a deep understanding of token economies and liquidity. Dong is the founder and CEO of ",[55,83,86],{"href":84,"rel":85},"https:\u002F\u002Fwww.altonomy.com\u002F#\u002F",[59],"Altonomy",", a well-known liquidity provider in the cryptocurrency space.",[52,89,90,95,96,101],{},[55,91,94],{"href":92,"rel":93},"https:\u002F\u002Ftwitter.com\u002Fferdousbhai",[59],"Ferdous Bhai",": A highly-respected Bitcoin advocate, has established Canada’s largest Bitcoin OTC brokerage, YapCX, and started a high-performance cryptocurrency exchange, ",[55,97,100],{"href":98,"rel":99},"https:\u002F\u002Fwww.chainrift.com\u002F",[59],"ChainRift",". Ferdous is an acclaimed proponent of Bitcoin’s peer-to-peer decentralized permissionless governance.",[52,103,104,109],{},[55,105,108],{"href":106,"rel":107},"https:\u002F\u002Fwww.linkedin.com\u002Fin\u002Fwilke-trei-7bb6b357\u002F",[59],"Wilke Trei",": A mathematician specializing in computational discrete mathematics, Wilke is also a freelance mining software developer focusing on memory-heavy algorithms that run on GPUs.",[111,112,114],"h3",{"id":113},"foundation-governance",[18,115,116],{},"Foundation Governance",[23,118,119],{},"The Board performs the Governance of the Foundation. 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